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HOME :: RESEARCH :: DEBT :: NEWS:: MAY 2007

Bono says rich nations badly off track on aid


Anti-poverty activist and rocker Bono on Tuesday said the world's industrial nations are badly off track on their promises of aid to Africa's poor, and he would remind the Group of Eight financial ministers of their commitments at a meeting in Germany this weekend.

In an interview with Reuters, the U2 lead singer said the G8 -- the United States, Japan, Canada, Britain, Germany, Italy, Russia and France -- faced "a crisis of credibility" two years after a summit at Gleneagles, Scotland where they committed to deliver more aid, trade, debt relief, and health and education services to Africa's poor.

Bono said the G8 should not be allowed to forget their promises that included doubling aid to Africa by 2010, and he will deliver that message to G8 finance chiefs who are to meeting Potsdam near Berlin on Saturday.

read entire article on Reuters

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